Ten discretionary managers available from April
Bank of England executive director Paul Fisher defended the “free flowing” MPC discussions.
Getting clients involved in the financial planning process helps to cement the relationship with their adviser by making them feel part of the process
Firms acting as ‘introducers’ are able to promote unregulated investments without any regard to the suitability of an investment
Advisers need to change the protection conversation away from insuring things like mortgages to covering clients and their family’s lifestyles
Fund managers need to ensure they get best value when spending clients’ money but we need a reasoned debate on the best method of paying for investment research
The UK could be the world leader in financial technology but a change in attitude from the Financial Ombudsman Service is needed
Yesterday’s cases should not be judged by today’s standards.
FCA annuities review
We know there are lots of different views about what is going wrong and what action we should be taking to make things better.
The regulator is worried that firms with self-employed advisers may have assumed its sales incentive rules do not apply to them. It warns small firms to read the guidance carefully and manage misselling risks.
After announcing the acquisition of Intrinsic this morning, first tipped by Money Marketing in December, OM Wealth chief executive Paul Feeney says he would look at other opportunities.
Scheme had planned to raise an £30m this financial year to fund claims against failed life settlement firm Catalyst but this is now likely fall into next year’s costs due to delays dealing with claims.
In an interview with Money Marketing, Shadow pensions minister Gregg McClymont sets out Labour’s plans to reform the annuity market and cap pension charges if the Government does not act.
Govt charge cap proposal
Former FSA chairman says Government need to commit to a clear timetable to implement the cap.
Most recent comments
Out of context
Aviva PR Fiona Whytock says platform boss Phil Ralli was surprisingly well behaved during a chat with an MM hack.
F&TRC says complexity around auto-enrolment likely to be exacerbated as smaller firms hit their staging dates.
The Big Interview
Unbiased.co.uk chief executive Karen Barrett says today’s advisers cannot ignore technology and need to be multi-media aware. Interview by Amanda Newman Smith